Missouri 529 plan archive

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The Missouri 529 plan archive page provides information on direct-sold 529 plans and highlights indexed portfolios. All information is derived from Savingforcollege.com and from 529 plan sites and disclosure documents. If you would like to compare this plan with other direct sold plans, use these Compare by Plan Name and Compare by Feature tools.

  • Open to Residents
  • Open to non-residents
Missouri Most 529 Plan[1]:
Program match on contributions: The MOST Matching Grant Program may match contributions to qualifying accounts up $500 annually ($2500 lifetime maximum). An application must be submitted for each beneficiary between March 1 and June 30. To qualify for 1:1 matching up to the limits, the account owner and the beneficiary must both be Missouri residents. Also, the beneficiary must be 13 years old or less and the account owner's household Missouri adjusted gross income must be $74,999 or less.
State tax deduction or credit for contributions: Contributions to any Missouri or non-Missouri 529 plan of up to $8,000 per year ($16,000 per year for a married couple filing jointly) are deductible in computing Missouri taxable income. Only contributions made by the account owner are deductible, except for spouses filing a joint return. Rollover contributions are not deductible. Contribution deadline is December 31 postmark.
State tax recapture provisions: The principal portion of rollovers and nonqualified withdrawals from this plan are included in Missouri taxable income to the extent of prior Missouri tax deductions. A rollover that is a not a direct trustee-to-trustee rollover is considered a nonqualified withdrawal for Missouri tax purposes.
Age-based investment options: The Age-Based option is offered in three different risk levels (Aggressive, Moderate, and Conservative) each containing five portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the risk level selected and the number of years to expected enrollment, and later reassigned to more conservative portfolios as the beneficiary approaches college age.
Static investment options: Select among 6 multi-fund portfolios, 8 individual-fund portfolios, and the Vanguard Interest Accumulation Portfolio option.
Expenses: 0.29% - 0.60%

The $10 annual account maintenance fee is waived for account balances greater than $10,000 or for selecting electronic delivery of all documents.

Policy Regarding Ownership Changes: Accepts requests to transfer account ownership.

Investment options

Age-based option

The age-based plan utilizes the portfolios listed below. The portfolios have the same allocations as the namesake multi-fund portfolios.

Age-Based Index Portfolios Underlying Funds
Funds

MissouriAge Based.png

  • Vanguard Aggressive Growth Portfolio
  • Vanguard Growth Portfolio
  • Vanguard Moderate Growth Portfolio
  • Vanguard Conservative Growth Portfolio
  • Vanguard Income Portfolio
  • Vanguard Money Market Portfolio
  • Vanguard Interest Accumulation Portfolio


Static

The table below lists the underlying funds comprising the Missouri 529 savings plan's static multi-fund portfolios.

Static Multi-Fund Portfolios
Vanguard funds
Aggressive Growth

MissouriAgg.gif

Growth

MissouriGrowth.gif

Moderate Growth

MissouriModerateGrowth.gif

Conservative Growth

MissouriConsGrowth.gif

Income

MissouriIncome.gif

Conservative Income

MissouriConsIncome.gif

  • Institutional Total Stock Market Index Fund (70%)
  • Institutional Developed Market Index Fund (30%)
  • Institutional Total Stock Market Index Fund (56%)
  • Institutional Developed Market Index Fund (24%)
  • Institutional Total Bond II Market Index Fund (20%)
  • Institutional Total Stock Market Index Fund (42%)
  • Institutional Developed Market Index Fund (18%)
  • Institutional Total Bond Market II Index Fund (40%))
  • Vanguard Institutional Total Stock Market Index Fund (28%)
  • Vanguard Institutional Developed Market Index Fund (12%)
  • Vanguard Institutional Total Bond Market II Index Fund (60%)


  • Institutional Total Stock Market Index Fund (14%)
  • Institutional Developed Market Index Fund (6%)
  • Institutional Total Bond Market II Index Fund (80%)
  • Institutional Total Bond Market II Index Fund (50%)
  • Inflation Indexed Bond Fund (25%)
  • Short-Term Reserves Account (25%)

Standalone

The table below lists the Vanguard portfolios (both active and indexed) available to investors in the Missouri 529 savings plan.


Single Fund Portfolios
Actively-Managed Single-Fund Individual Portfolios: Index-based Single-Fund Individual Portfolios:
Vanguard Windsor II (ER 0.53%) Vanguard Total Stock Market Index (ER 0.32%)
Vanguard Explorer (ER 0.60%) Vanguard Total Bond Market Index (ER 0.32%)
Vanguard International Growth (ER 0.60%) Vanguard Total International Stock Index (ER 0.38%)
Vanguard Morgan Growth (ER 0.57%) Vanguard Interest Accumulation (Prime Money Market Fund) (ER 0.29%)

External links

References